2024-05-22 Quetzal News
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2024-05-21
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend
The exchange rate, as shown by this time series data, showcases a trend of minute ups and downs. The fluctuations, however, are within a very small range, between 0.17522 and 0.17605. This signifies that the exchange rate is primarily stable, with a mild level of volatility. There is not a clear upward or downward progression suggesting a broad increase or decrease over time.
Seasonality or Recurring Patterns
With the data given, it's challenging to determine a clear seasonality or reoccurring trend based on these fluctuations. Since the changes within the exchange rate are modest, no discernible pattern based on recurring timing or intervals can be distinguished. The dataset would need to be more expansive, preferably over a timeframe of a year or more, to detect any potential seasonality.
Notable Outliers
While the data does show some minor fluctuations, no drastic outliers are present. All recorded exchange rates fall within the same narrow band. Therefore, there are no instances where the exchange rate differs significantly from the overall trend. Despite the instability present in typical exchange rate datasets, this one seems to be relatively stable with only moderate, normal variations.
![Surge in GTQ Exchange Rates Anticipated Impact on Market Trends](http://currencymart.net/images/news/quetzal/2024-05-22/img-wagdfCHVtCXr2qsBrddjTu3Y.webp)